Toronto police offer $10,000 reward to catch ‘well-dressed bandit’

WATCH ABOVE: The “well-dress bandit” is wanted for robbing four banks over six weeks last fall. Catherine McDonald has the story.

TORONTO – Toronto police are offering a $10,000 reward for information leading to the arrest or conviction of a bank robbery suspect investigators have dubbed the “well-dressed bandit.”

The armed robberies occurred last fall between Oct. 23 to Nov. 10 at banks located in Etobicoke, downtown Toronto and mid-town Toronto.

In three of the four robberies, the male suspect handed over a note to the teller demanding money and an undisclosed amount of cash was given.

In each case, the suspect indicated he had a gun.

2:14 Police searching for bank robber dubbed “Well-dressed Bandit”

WATCH ABOVE: Toronto police describe a suspect they claim robbed multiple banks in 2014 and, at least one time, appeared to be well-dressed as he committed the crime.

Police say the suspect wore a suit and tie for his first robbery but was seen wearing a hoodie or sweat shirt in subsequent crimes.

“Investigative leads have dried up, we’re reaching out to the public for help,” said Hold-Up Staff Inspector Mike Earl.

“Maybe he failed in a job interview. It could be somebody who was down and out, committing his very first robbery and six weeks of bank robberies got him through what he needed to get through before he moved on with his life.”

WATCH ABOVE: A spokesperson for the Canadian Bankers Association announced Wednesday a $10,000 reward for information that leads to the discovery and arrest of the so-called “Well-dressed bandit” that robbed multiple banks in 2014.

The suspect is described as white, 5’11”-6’2″, 45-60, wearing sunglasses, tan gloves and a hooded jacket. In each robbery, he is carrying a tan-coloured carrying case.

Police have since released security footage of the suspect.